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Market Snapshot: Stock futures lower ahead of testimony by Fed’s Powell on economy

  • William Watts--MarketWatch
  • published date: 2021-02-23 12:26:00 UTC

Stock-index futures lose ground, with tech shares continuing to lead the way down, as investors prepare for testimony by Federal Reserve Chairman Jerome Powell on the economic outlook.

Stock-index futures were mostly lower Tuesday, with tech shares continuing to lead the way down, as investors monitored a sharp rise in bond yields and prepared for testimony by Federal Reserve Chair… [+4895 chars]